Surry Hills Cafe & Catering - Under Management

Price

$345,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Sydney Region, Sydney City

Category

Food/Hospitality

Listing #

13768

Sydney City Food/Hospitality Business for Sale
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Sydney City Food/Hospitality Business for Sale
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About this business for sale in Sydney Region, Sydney City

-Very popular Surry Hills cafe and catering business under management

-5 1/2 day operation

-Sales revenue for the last 3 yrs ranged between $1.28m – $1.41m

-Net return to a owner operator approx $190K

-Long Lease for security of tenure

This known Surry Hills cafe and catering business is nestled amongst other niche cafes and retaurants in the vibrant city fringe hub that represents Sydneys cafe culture.

Large onsite catering arm to the business which has steadily grown to now represent close to a third of sales revenue. They currently hold a gold license for catering with the restaurant and caters association

60 seat capacity

Refurbished kitchen that can now house both cafe orders and large catering orders of over 400 people

Hours of operation are 7am – 4pm. Current DA allows for the business to trade till 11pm allowing the business to accomodate special functions.

This cafe only uses organic and quality ingredients with coffee by Campo’s. Currently selling 35-40kg pw

Growth opportunities for a new owner include opening for dinner and also trading 7 days a week.

Full turn key operation

Call now for your full information pack

Ref: #13768

Broker: Mr Gareth Wolrige – 0448 715 762

To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/13768

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

To find out more, complete an online confidentiality agreement by clicking the button below.

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For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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